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Interactive Brokers not allowing futures trading in IRAs

  #18 (permalink)

Houston, Texas USA
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts, TradeStation, NeuroShell, AmiBroker
Broker/Data: Interactive Brokers, TradeStation, DTN/IQ
Favorite Futures: TF, EMD, NQ, CL
 
harvester's Avatar
 
Posts: 30 since Mar 2011
Thanks: 12 given, 88 received


jackbravo View Post
uh....i'm still trading futures in my IRA account with IB.......what gives ???

Not sure how that is still possible?? For me, I was shut down last Friday executing auto-trades from MultiCharts. I started receiving pop-up messages out of MultiCharts telling me that I didn't have the proper account permissions.

That's when I called IB, and started asking questions. They told me that any open futures trades would be allowed to continue past the March 6/Midnight decision point, but once closed that would be the final trade allowed. Ongoing, no subsequent trades would be allowed.

Did you already have something open, or did you actually initiate something since the cutoff time?

Thanks,
-harvester

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